The State of Competition in Tron Energy Market :-A Personal Closer Look

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Hello Tron community! Let’s dive into the market structure of Tron Energy. As a quick refresher,.

Tron Energy is a platform for buying, selling, and managing energy and bandwidth resources on the Tron network

Tron Energy/Bandwidth For more info.

Now we know about this, let talk on what kind of market competition you think exist in the Tron energy market.
But first let take our mind to little pre-knowledge

  • What Is a Market Structure?
    A market is where buyers and sellers meet each other to exchange goods or services.

The characteristics which define the type of market primarily depend on The number of sellers who will supply goods to that specific market.

This means that the type of competition in that market will depend on the number of sellers who can freely join a market.

The more sellers, the more competitive the market. The harder it is to enter a market, the fewer sellers there will be. With fewer sellers, the price of goods will not be as competitive.

This is why in an industry with a hard barrier to entry, there ends up being fewer suppliers. Then as a result of having few suppliers, the price of goods is not competitive.

In Economics, the different types of market structures are four general markets:

1. Perfect Competition
Imagine a big market with many small sellers. Each seller has a small share of the market, and no single seller can control prices. Buyers have many choices, and sellers compete with each other to offer the best prices and quality. This leads to low prices, high quality, and innovation.

2. Pure Monopoly
Think of a single company dominating a market, like a small town with only one water supplier. The monopolist sets prices and controls the market, with no competition. This can lead to high prices, low quality, and less innovation.

3. Monopolistic Competition
Picture a market with many sellers, but each seller has a unique product, like a coffee shop with a special flavor. Sellers compete with each other, but also have some control over prices due to their unique offerings. This leads to a balance between competition and price control.

4. Oligopoly
Imagine a market with only a few large sellers, like a few big airlines. These sellers compete with each other, but also have significant control over prices and market share. They may even collude to set prices, leading to higher prices and less competition.

Information idea extracted from
Types of Competitions

So from this simply explanation, let discuss what you think is best fitted for the Tron energy market.
Let discuss below. @Andreaxino @Nweke-nature1.com @manfred_jr @Youngyuppie @fabsltsa @Sirluke @Relate101 @Prince-Onscolo @Chukseucharia @TronEnergize @TronNinjas @SATs_BitTorrent @SimbadMarino and everyone in the forum.

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I’m not buying/selling energy so I’m probably not very legitimate to talk about it.

There are actually a big diversity of energy solutions and some depend on independent energy providers. Between the tg bots, the energy marketplaces or even the “disguised” energy solutions like Ciro or batched transfers/swap/…, users have a large choice. So there is quite a good competition.

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Am not really an energy :zap: vendor or guru I only buy anytime I want perform transactions, so I don’t have wide idea about energy market,

Hearing about oligopoly for the first time :joy: thanks for the introduction

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I think the current structure of Tron energy market is an oligopoly, where few players (less than 10) handle all the public offering. The main difference among them is the way energy is delivered to the users, some have a fully automatic system, driven by smart contracts, some are based on order matching.

Energy markets are also starting to be embedded into other services (like DEXs) to lower the cost of swaps and other transactions.

I think that most inconvenient issue for the users is finding which platform has energy available, since there is not an individual site that collects the info from all providers in an easy to read page.

The ones I use regularly are ergon.ustx.io, tronnrg.com and tronnergize.com

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Thank you Fabs for your input.
But hard to accept you don’t buy or sell energy. Lols.

So in nutshell, which of the type of competition can
Place the energy market into?

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My boss is tricking me not to know much about the energy market.lols.
Or maybe I’m mistake it to be @Youngyuppie or @Andreaxino

Lols, don’t tell me you skipped your Economy classes in High school.

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This is a very interesting article and I will be expecting to read inputs from the experts in this area.

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Thanks for your input. At first I thought it was A Perfect Market Competition. But not to counter your POV. I’m beginning to see it to be Oligopoly, in this case since it the same product and resources, the is more room for innovation for deliveries.

Yes, for the following energy plug you mentioned, they are all recommended.

@Chukseucharia, sure you can read through the ideas, point of view and contribution from our energy inclined expert in this topic

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I’m wondering what platform would you recommend as being ideal for investing on Tron energy.

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Check this out.

Available Energy Plugs

Your choice of which to choose, could depend on your preference, flexibility at your comfort.

Or maybe I discuss with you in DM which you can go for

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  1. Perfect competition .

Currently if we include the chinese platforms of which many of the english community do not know we can count to about 25 to 30 platforms who handle in energy business . Many of the platforms have other ways to attract buyers and sellers.

Having a energy platform tronenergize.com myself for now nearly a year i think we have a healthy competition . Offcourse the more wealthy platforms have more energy available then the smaller ones but there is room to grow for everyone .

There are many different type of integrations happening in the backend which the sellers do not see to ensure a continued demand of energy sales even in times when overall sales are lower .

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Just speechless :sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile::sweat_smile:

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Since Fab is not buying or selling energy, I wonder who could know much about the energy market in this forum :sweat_smile:

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I have always been seeing things about Tron energy in the forum and I will like to know how profiting it is, and what is the percentage gain when I invest and how it really works, I am still very new to it, thank you

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I just got inducted into the tron energy market and I thought it was a perfect competitive market. That the energy prices are determined not by the sellers but purely on market demand.

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Welcome to the energy market buddy.
Share with us your experience so far

No doubt I first felt it perfect market too.
Aside from this, could you add more explanation
With example of another product similar to the energy market?

Gather here let have a thought together. Lols.

Good, first read the above post about Tron energy and bandwidth just as introduction to it, and why they are important or needed.

Then we can breakdown to discussing to
Get started,
How to stake TRX,
How to provide your energy,
How to buy and sell,
Why we buy and sell.

I have prepared videos to show the guidance.

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Thank you for your strong input.

I will have this follow up question from this.

Is it possible that wealthy platform can be a barrier to the small or upcoming platform? Or will Reputation of wealthy platform affect the others?

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Yes I always first read everything before I ask my questions so please carry on with teaching me, thank you

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So far, Tron NRG seems more of a better preference to me, no disputing the amazing nature of the other platforms.

Furthermore, what’s the staking mechanism or maybe like @ines_valerie asked, the percentage profits when you invest with like say $500?

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Very nice choice. I can recommend Tron energy service NRG

For the

For the staking mechanism of Nrg, I recalled.

  • You will have to stake your TRX and in exchange of Nrg token.
  • Then you get your sales share from the staking pool.
    ( I hope you understand). You can join their NRG Telegram ask more questions there, admin and mods will respond ASAP.

For the profit percentage of your staking $500+ all depends on some factors like.

  • Sales volume per day or season( Market demand)
    I mean more demand, more sales and vice versa

  • Understand the average APY from your energy plug from that you can do a rough maths around staking size . Lols. But it likely to change sha.

  • Continuous Learning, I mean stay updated on Tron’s energy market developments and adjust your strategy accordingly.
    Example, you should know that your energy size will always decrease. The Reason is simple, as more other people staking yourself holding will reduce.

So if you can understand this, you can employ the compounding strategy.

I hope this information is helpful.

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